LIVE MARKETS-Earnings dominate European early morning headlines

Reuters Staff

4 Min Read

* European shares seen extending bounce
* In Asia shares rise for fifth straight day
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EARNINGS DOMINATE EUROPEAN EARLY MORNING HEADLINES (0648 GMT)
We have earnings from top companies like Allianz, Renault and Eni
this morning but also some fresh dealmaking activity with Roche agreeing to buy
U.S. cancer data company Flatiron Health for $1.9 billion. Here are your headlines:
Allianz Q4 net profit down 22 percent on U.S. tax hit, weak dollar
Renault posts record earnings, strengthening Ghosn's hand
ANALYSIS-As mining investors push caution, Glencore differs from rivals
Roche to buy Flatiron Health for $1.9 bln to expand cancer care portfolio
Air France-KLM positive on ticket prices, takes pensions charge
Volatility holds key to bank revenue revival from 2017 slump -survey
Swiss elevator maker Schindler reports in-line 2017 results on stable China demand
BHP Billiton to drill two new deepwater wells in Trion this year
Vopak 2017 earnings fall, but slightly beat expectations
Food group Danone eyes further sales and profit growth for 2018
Lower nuclear output hits EDF 2017 earnings, 2018 rebound seen
Auto parts group Faurecia slightly raises 2018 margin goal as profit climbs
Eni releases Q4 update, confirms dividend for 2017
China's HNA Group trims stake in Deutsche Bank to around 8.8 pct
Shareholders sell $424 million worth of Scout24 shares
ISS recommends Booker investors vote against Tesco deal
Portugal regulator to further investigate Altice-Media Capital deal
Bollore FY Revenue Up EUR 18.33‍​ Billion
Vivendi's annual profit rises on strong music revenue
Italy Antitrust probes telecoms companies for billing practices
(Danilo Masoni)
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MORNING CALL: BOUNCE SET TO CONTINUE IN EUROPE (0615 GMT)
Good morning and welcome to Live Markets.
European shares are seen opening higher today following two sessions of gains as worries
over inflation and spiking bond yields that caused a turbulent start of the month ease.
Asian shares rose for a fifth straight day as investor confidence slowly returns after a
sharp sell-off earlier in the month, but the dollar continued its descent, hitting a three-year
low against a basket of major currencies.
"After two successive weeks of sizeable losses for equity markets there was always the
possibility that we’d see a bit of a rebound this week, and so it has proved, though once again
the extent of the rebound has been led by US markets, while markets in Europe have lagged behind
somewhat," writes Michael Hewson, Chief Market Analyst at CMC Markets UK.
Here are his opening calls:
FTSE100 is expected to open 29 points higher at 7,263
DAX is expected to open 46 points higher at 12,392
CAC40 is expected to open 13 points higher at 5,235
(Danilo Masoni)
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(Reporting by Danilo Masoni, Helen Reid, Kit Rees and Julien Ponthus)